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Poland lowers key interest rate to 3.25 percent

Poland Warsaw, Poland national bank cut its key interest rate 0.5% to a record low of 3.25%, given a surprising move, many economists had forecast, cut the quarter-point and other expected in all did not cut.
Wednesday's move border, the country has seen a strong growth, domestic demand to drop considerably and problems in the euro zone cutting for Poland commodity demand.
Last year, the central bank faced with some criticism slow-moving cut interest rates, despite the slowdown in growth. But it took the monthly since November, thanks in part to inflation down to lower than the official target.
There are signs that economic recovery in the second quarter may start.



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